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Exploration Laboratories Announces Unconventional Seed Funding Strategy, Releases First-Ever Collection of Private Space Economy NFTs

Strategy aims to engage the NFT community in imagining the emerging space economy, and offering insights into the company's future space ambitions.


News provided by

Exploration Laboratories LLC

Mar 22, 2022, 09:00 ET

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LONG BEACH, Calif., March 22, 2022 /PRNewswire-PRWeb/ -- Exploration Laboratories LLC, ExLabs, an aerospace company developing future generations of space task vehicles, today announced its release of the first-ever NFT collection that supports research & development of space resource acquisition technologies. ExLabs is releasing a limited amount of Explorers Club Series One NFTs, which will support the company's development of technologies with the goal of bringing asteroids into a usable orbit, to be mined for Lithium, Titanium, Gold, Platinum-group metals, and other resources for use both in space and on Earth.

The new NFT series showcases art inspired by space exploration as well as visions for the company's development goals of acquiring off-planet resources. Holders of the first Explorers Club NFTs will automatically become members and get 10 Exploration Tokens per day. The tokens can be redeemed for exclusive benefits including launching the holder's name into space, advising on future company designs and community decisions, placing art on next-generation task vehicles, and possible ownership of actual asteroid fragments. Explorers Club members will be part of a community that supports an important advancement, and will witness the ambitious yet attainable goals of utilizing the limitless resources space has to offer come to life.

ExLabs has released the first-ever NFT collection that supports space resource acquisition, which will support the company’s space mission to bring asteroids into a usable orbit for mining.

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The new NFT series can be minted at ExLabs.Space/Explorers-Club.

This launch marks the first of three distinct Explorers Club Series. This mission will allow the Explorers Club members to experience what it would be like for humans to be out in space, off the planet, conducting industry research, and mining riches from space.

"ExLabs is taking a unique, community-first approach by allowing both the aerospace and the NFT crypto communities to become active participants in imagining our mission" says Miguel Pascual, the company's leading Aerospace Engineer. "The equation for space exploration is about to change as entrepreneurial companies like ExLabs continue to emerge."

A pioneering aerospace company in the emerging "Space Economy," ExLabs plans to connect humanity to opportunities that have never before been available, leading deep space missions that utilize the scalability and greater economic viability of the next generation of super-heavy lift vehicles, launching later this year. ExLabs is led by industry veterans with successful startup and aerospace engineering backgrounds, including tenures at NASA, Boeing, and SpaceX.

About

Exploration Laboratories, ExLabs, is developing the next generation of space exploration task vehicles, designed to capture and deliver asteroid resources. The pedigreed ExLabs team has been assembled from the very best talent that the modern space and technology industries have to offer, and represents over 100 years of combined space innovation and entrepreneurial success. ExLabs plans to connect humanity to opportunities that have never before been explored. This will lead to an ambitious deep space mission, creating the next generation of super-heavy lift vehicles that will go into deep space and carry out a variety of missions in a first-ever, private enterprise, industrial space exploration.

Follow ExLabs: Twitter | Discord

ExLabs Media Contact
Lindsey O'Shea
(408) 421-9516
[email protected]

Media Contact

Lindsey O'Shea, Exploration Laboratories LLC, 1 4084219516, [email protected]

SOURCE Exploration Laboratories LLC

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